Stocks slip on Wall Street under pressure from higher oil prices and rising bond yields
KFOR1h ago6 newsrooms
GlobeVerge has tracked this story since 2h ago.
Stocks closed broadly lower Tuesday as another round of U.S. military strikes on Iran sent oil prices higher, stoking worries about stubbornly high inflation. A bond market sell-off deepened, putting more pressure on stocks. The S&P 500 index fell 0.7%. The Dow Jones Industrial Average dropped 0.8%, and the Nasdaq composite slid 1%. The major [...]